This Established Bar and Restaurant is nestled in a coastal town in the Hawke's Bay Region, spanningthe popular stretch of the town,for locals and tourists alike.
This remarkable and uniquely fittout out spacecaters to the likes of casual diners and those looking to indulge in a fine dining experience, while enjoying handcrafted range cocktails created by their talented mixologists. The ambiance of an incredible fit-out that sets the perfect vibe and compliments the flavours of kitchen.
The business has proven a strong financial performance with over $40,000 + GST in average weekly salesfor 7 months traded to 31 March 2024 reportingprofits of $282,256 for a working owner.
Business Features:
* Average weekly turnovers exceeding $40,000 + GST Per Week (based on historicaltrading to 31 March 2024)
* 60/40 Food to Beverage Splits
* Premises is fulllicensed until 12am
* Massivepremises with a coverage capacity of 200+ patrons
* Excellent lease terms with capped rents and rights of renewals to 31 July 2041
* Experienced team of staff in place that will continue their employment with the new owners
* Large profits as a fully managed businessor for anowner operator
This is strong hospitality icon that is regretfully seeing the market due to the Vendor's other business commitments. A rare opportunity this is not to be missed by the hospo enthusiasts.
Asking - Price On Application(Refer to Broker)
Interested? Call the A-Team NOW!
Ron Vazirani - M: 021 294 2978 | E:[email protected]
Anil Vazirani - M: 021 0277 8149 | E:[email protected]
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Ref: EL04550
Timestamp: 20241022094502
